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Consent to appointment as liquidator and notification of appointment.
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133.—The Principal Act is hereby amended by the insertion after section 276 of the following section—
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“276A.—(1) The appointment of a liquidator shall be of no effect unless the person nominated has, prior to his appointment, signified his written consent to the appointment.
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(2) The chairman of any meeting at which a liquidator is appointed shall, within 7 days of the meeting, notify the liquidator in writing of his appointment, unless the liquidator or his duly authorised representative is present at the meeting where the appointment is made.
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(3) A person who fails to comply with subsection (2) shall be liable to a fine not exceeding £1,000.”.
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Provisions applicable to every Winding Up
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